Fed to Signal Rate Hike as it Launches Risky Inflation Fight
Some economists have expressed concern that the Fed is already too late to rein in high prices. read more >
Some economists have expressed concern that the Fed is already too late to rein in high prices. read more >
The Fed characterized its likely introduction of a digital currency as a far-reaching step that would require broad acceptance in the financial world. read more >
Demand remains healthy, with median prices jumping nearly 16% from a year ago. read more >
Department store sales fell 7% and online sales fell 8.7%. read more >
Uncertainty remains, but the good news is that Arkansas and the country seem to be nearing full employment. read more >
He said the Fed will raise rates more than it has planned if it needs to stem surging prices. read more >
Rates are at their highest level since May 2020 but remained historically low. read more >
The value of for-purchase home loans is expected to climb to a new high of $1.74 trillion. read more >
They also expressed concerns that surging inflation was spreading into more areas of the economy. read more >
Sales increased at the the fastest pace in 17 years. read more >
While many industries have yet to fully bounce back, the gradual reopening of the economy ushered in a swell of demand. read more >
Demand has surged this year as many Americans cooped up by the pandemic seek out larger homes. read more >
Personal incomes, which provide the fuel for future spending increases, rose 0.4%. read more >
Economists are still reluctant to put too much weight in the volatile monthly data. read more >
The central bank will withdraw its monthly bond purchases at twice the pace it previously announced and likely end them in March. read more >
The central bank will likely reduce its monthly bond purchases at twice the rate it outlined just six weeks ago. read more >
In the goods category, the price of iron and steel scrap rose 10.7%. read more >
Many economists expect U.S. interest rates to rise in coming months. read more >
"Inflation has been more persistent and higher than we've expected," he told a House panel. read more >
It could put the central bank on a path to begin raising its key short-term rate as early as the first half of next year. read more >
